IEO vs. SDFI

Last updated Jun 4, 2026

IEO (iShares U.S. Oil & Gas Exploration & Production ETF) and SDFI (AB Short Duration Income ETF) are both exchange-traded funds - IEO is a Energy Equities fund tracking the Dow Jones U.S. Select Oil Exploration & Production Index, while SDFI is a Short-Term Bond fund tracking the Actively Managed. Both are passively managed. Over the past year, IEO returned 40.11% vs 4.51% for SDFI. At a correlation of -0.19, they often move in opposite directions. IEO charges 0.42%/yr vs 0.30%/yr for SDFI.

Performance

IEO vs. SDFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Oil & Gas Exploration & Production ETF (IEO) and AB Short Duration Income ETF (SDFI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IEO achieves a 34.59% return, which is significantly higher than SDFI's 0.86% return.

IEO

• 1D: 1.66%
• 1M: -3.23%
• YTD: 34.59%
• 6M: 26.42%
• 1Y: 40.11%
• 3Y*: 16.01%
• 5Y*: 18.96%
• 10Y*: 10.42%

SDFI

• 1D: -0.06%
• 1M: 0.12%
• YTD: 0.86%
• 6M: 1.12%
• 1Y: 4.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IEO vs. SDFI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IEO iShares U.S. Oil & Gas Exploration & Production ETF	34.59%	2.15%	-8.93%
SDFI AB Short Duration Income ETF	0.86%	6.39%	3.71%

Correlation

The correlation between IEO and SDFI is -0.29, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.29
Correlation (All Time) Calculated using the full available price history since Jun 11, 2024	-0.19

The correlation between IEO and SDFI shifts across timeframes, from -0.29 (1 year) to -0.19 (all time), reflecting how their relationship changes across market environments.

IEO vs. SDFI - Sectors Allocation Comparison

Sectors	IEO	SDFI
Energy	99.3%	100.0%
Basic Materials	0.7%	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

IEO vs. SDFI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IEO

IEO Risk / Return Rank: 45
IEO Sharpe Ratio Rank: 45
IEO Sortino Ratio Rank: 41
IEO Omega Ratio Rank: 40
IEO Calmar Ratio Rank: 56
IEO Martin Ratio Rank: 45

SDFI

SDFI Risk / Return Rank: 74
SDFI Sharpe Ratio Rank: 67
SDFI Sortino Ratio Rank: 74
SDFI Omega Ratio Rank: 74
SDFI Calmar Ratio Rank: 76
SDFI Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IEO vs. SDFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Oil & Gas Exploration & Production ETF (IEO) and AB Short Duration Income ETF (SDFI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	IEO	SDFI	Difference
Sharpe ratio: Return per unit of total volatility	1.61	2.17	-0.56
Sortino ratio: Return per unit of downside risk	2.12	3.27	-1.15
Omega ratio: Gain probability vs. loss probability	1.26	1.43	-0.17
Calmar ratio: Return relative to maximum drawdown	2.82	3.77	-0.95
Martin ratio: Return relative to average drawdown	7.63	15.42	-7.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IEO vs. SDFI - Sharpe Ratio Comparison

The current IEO Sharpe Ratio is 1.61, which is comparable to the SDFI Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of IEO and SDFI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IEO	SDFI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.61	2.17	-0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	2.25	-2.08

Drawdowns

IEO vs. SDFI - Drawdown Comparison

The maximum IEO drawdown since its inception was -79.17%, which is greater than SDFI's maximum drawdown of -1.21%. Use the drawdown chart below to compare losses from any high point for IEO and SDFI.

Drawdown Indicators

	IEO	SDFI	Difference
Max Drawdown Largest peak-to-trough decline	-79.17%	-1.21%	-77.96%
Max Drawdown (1Y) Largest decline over 1 year	-14.30%	-1.20%	-13.10%
Max Drawdown (3Y) Largest decline over 3 years	-31.46%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.46%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-75.00%	—	—
Current Drawdown Current decline from peak	-7.30%	-0.17%	-7.13%
Average Drawdown Average peak-to-trough decline	-26.27%	-0.22%	-26.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.28%	0.29%	+4.99%

Volatility

IEO vs. SDFI - Volatility Comparison

iShares U.S. Oil & Gas Exploration & Production ETF (IEO) has a higher volatility of 9.32% compared to AB Short Duration Income ETF (SDFI) at 0.52%. This indicates that IEO's price experiences larger fluctuations and is considered to be riskier than SDFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IEO	SDFI	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.32%	0.52%	+8.80%
Volatility (6M) Calculated over the trailing 6-month period	19.86%	1.33%	+18.53%
Volatility (1Y) Calculated over the trailing 1-year period	25.15%	2.09%	+23.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.54%	2.48%	+28.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.00%	2.48%	+32.52%

IEO vs. SDFI - Expense Ratio Comparison

IEO has a 0.42% expense ratio, which is higher than SDFI's 0.30% expense ratio.

Dividends

IEO vs. SDFI - Dividend Comparison

IEO's dividend yield for the trailing twelve months is around 1.97%, less than SDFI's 4.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEO iShares U.S. Oil & Gas Exploration & Production ETF	1.97%	2.61%	2.63%	3.00%	3.77%	2.62%	3.17%	1.85%	1.67%	0.94%	0.98%	2.03%
SDFI AB Short Duration Income ETF	4.61%	4.66%	3.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IEO and SDFI in my portfolio?

IEO and SDFI have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IEO or SDFI?

IEO has higher volatility (9.32%) compared to SDFI (0.52%). In terms of maximum drawdown, IEO dropped -79.17% vs SDFI's -1.21%.

Which ETF is better, IEO or SDFI?

On 1-year performance, IEO leads with 40.11% vs 4.51% for SDFI. On fees, SDFI is cheaper at 0.30% per year. On volatility, SDFI has been the lower-risk option at 0.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IEO or SDFI?

Over the 1-year period, IEO has performed better with a 40.11% return vs 4.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IEO or SDFI?

SDFI is cheaper with a 0.30% expense ratio, compared with 0.42% for IEO.

Which ETF pays a higher dividend yield, IEO or SDFI?

SDFI has the higher dividend yield at 4.61%, compared with 1.97% for IEO.

What is the main difference between IEO and SDFI?

IEO is categorized as Energy Equities, while SDFI is Short-Term Bond. IEO tracks Dow Jones U.S. Select Oil Exploration & Production Index, while SDFI tracks Actively Managed. They also come from different issuers: iShares and AllianceBernstein. Their fees differ too: 0.42% for IEO and 0.30% for SDFI.

Which has better risk-adjusted returns?

SDFI currently has the higher Sharpe Ratio (2.17 vs 1.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.